The classical theory of probability was devoted mainly to a… - William Feller

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The classical theory of probability was devoted mainly to a study of the gamble's gain, which is again a random variable; in fact, every random variable can be interpreted as the gain of a real or imaginary gambler in a suitable game.

William Feller

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About William Feller

William "Vilim" Feller (July 7, 1906 – January 14, 1970), born Vilibald Srećko Feller, was a Croatian-American mathematician specializing in probability theory. Feller was one of the greatest probabilists of the twentieth century, who is remembered for his championing of probability theory as a branch of mathematical analysis in Sweden and the United States.

Also Known As

Native Name: Vilibald Srećko Feller

Alternative Names: Vilim Feller • Will Feller • W. Feller

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Originators like William Feller:

Richard von Mises Richard Arnold Epstein William Poundstone Ivars Peterson Leonard Mlodinow

Additional quotes by William Feller

Only yesterday the practical things of today were decried as impractical, and the theories which will be practical tomorrow will always be branded as valueless games by the practical man of today.

It is not necessary to think of gambling places; the statistician who applies statistical tests is engaged in a dignified sort of gambling, and in his case the distribution of the random variables changes from occasion to occasion.

Note the situation is different when the player is permitted to vary his stakes. In this case there exist advantageous strategies, and the game depends on the strategy.

The classical theory of probability was devoted mainly to a study of the gamble's gain, which is again a random variable; in fact, every random varia… - William Feller

About William Feller

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